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German Business Climate Worse Than Expected; Euro/Pound Under Pressure

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The improvement in Germany’s business climate stalled in May, according to data released by Ifo. The index remained at the same level of 89.3 as a month earlier. The indicator was last higher in May last year, but analysts, on average, were expecting a further increase to confirm the more positive PMI reading released last […]

The post German Business Climate Worse Than Expected; Euro/Pound Under Pressure appeared first on Action Forex.

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